Apollo: EU approves operation on HU
(CercleFinance.com) - The European Commission has cleared under the EU Merger Regulation the acquisition of joint control of HU d'Italia by Apollo Global Management of the US, Clessidra Private Equity SGR and Human Company, both of Italy.
The transaction mainly concerns the hotel and catering sector.
The Commission concluded that the notified transaction would not give rise to competition concerns, given the limited market positions of the companies resulting from the proposed transaction.
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The transaction mainly concerns the hotel and catering sector.
The Commission concluded that the notified transaction would not give rise to competition concerns, given the limited market positions of the companies resulting from the proposed transaction.
Copyright (c) 2024 CercleFinance.com. All rights reserved.